https://www.taxtmi.com/caselaws?id=432805 The Tribunal allowed the appeal, setting aside the Adjudicating Authority's order directing the Resolution Professional to pay outstanding lease dues. It held that lease rent and premium payments were not covered under Section 14(1)(d) of the Insolvency and Bankruptcy Code as similar grants or rights, as the provision did not explicitly include lease payments. The Tribunal found the Authority's interpretation erroneous and concluded that the RP was not obligated to make payments for lease dues during the moratorium period. en-us Thu, 12 Jan 2023 00:00:00 +0530 Fri, 13 Jan 2023 21:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432805 The Tribunal allowed the appeal, setting aside the Adjudicating Authority's order directing the Resolution Professional to pay outstanding lease dues. It held that lease rent and premium payments were not covered under Section 14(1)(d) of the Insolvency and Bankruptcy Code as similar grants or rights, as the provision did not explicitly include lease payments. The Tribunal found the Authority's interpretation erroneous and concluded that the RP was not obligated to make payments for lease dues during the moratorium period. Case-Laws Insolvency and Bankruptcy Thu, 12 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432805